Montpelier Re News

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Montpelier Reinsurance Ltd. As well as the ICR of “bbb” and debt ratings of the parent company, Montpelier Re Holdings …

Bermuda-based Montpelier Re Holdings Ltd announced the launch of Blue Capital, an asset management platform offering a range of catastrophe reinsurance-linked investment products to institutional and retail investors. Montpelier Re’s President and CEO Chris Harris pointed out that the reinsurer …

Montpelier Reinsurance Ltd., the Bermuda-based subsidiary of Montpelier Re Holdings Ltd., announced that it has named Christopher Downey as Head of Global Casualty and Specialty Treaty Reinsurance, effective immediately. He is responsible for leading the full portfolio of casualty and …

Bermuda-based Montpelier Reinsurance Ltd. a subsidiary of Montpelier Re Holdings Ltd., announced the appointment of Nicholas Lucking as Head of Individual Risk Property, effective immediately. He is responsible for overseeing the individual risk property business written through Montpelier Re and …

Montpelier Reinsurance Ltd., the Bermuda subsidiary of Montpelier Re Holdings Ltd., has announced several appointments in its Bermuda property treaty operation. Effective immediately, Paul Hopwood, formerly Head of US Property Treaty, has been appointed Head of Global Property Treaty and …

Selected earnings highlights from Bermuda-based Validus Holdings Ltd. for the second quarter and the first six months of 2012 are as follows:                                                              Q2 2012                Q2   2011           Gross premiums written ————    $627.089 mn         $605.387 mn Net premiums written  —————   $508.037 …

Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that John Dalton has been appointed President of Montpelier Underwriting Inc. (MUI), effective immediately. He will report to Richard Chattock, Chief Underwriting Officer at Montpelier …

Montpelier Reinsurance Ltd., the Bermuda reinsurance subsidiary of Montpelier Re Holdings, announced the appointment of Dr. Gero Michel as Head of Risk Analytics, a new position at the Company, effective July 1, 2012. He will focus on “enhancing Montpelier’s risk analysis …

Selected earnings highlights from Everest Re for the first quarter of 2012 are as follows:                                                                               Q1 2012           Q1   2011           Gross premiums written ————       $1.05 bn          $1.09 bn Net premiums earned  ———–            $997.97 mn    $1.011 bn   Net income (loss) …

                                                              Q4 2011         Q4   2010           Gross premiums written  —-          $91.7 mn        $102.3 mn Full year  -  2011         2010               $725.5 mn   $720.0 mn            Net premiums earned  ——-          $148.3 mn      $162.2 mnn   Full year – 2011           2010             $622.7 mn    $625.4 mn       Net …